Beoing has issued a far-reaching notice to customers regarding its B777 aircraft fitted with Rolls-Royce Trent 800-series engines as a result of a second engine power loss on a B777 following one that caused a hard landing in London last year. The fuel temperature in more than 200 B777s with should not be allowed to remain at -10 degrees Celsius or colder in flight after two hours, one hour less than previously advised, Boeing Co. told customers in a notice issued 29 January. After two hours, … [Read more...] about B777s to limit exposure to extreme cold
Carriers
First B777-300ER for Australia goes to Virgin
Boeing and the Virgin Group's new V Australia long-haul airline recently celebrated the first 777-300ER to go to an Australian carrier. The aircraft, delivered by Boeing to International Lease Finance Corp. and leased to V Australia, is one of seven leased and purchased 777-300ERs V Australia will deploy on trans-Pacific and other routes. … [Read more...] about First B777-300ER for Australia goes to Virgin
JAL posts US$428 million 3Q loss
Japan Airlines parent JAL Group reported a net loss of Â¥38.5 billion (US$428 million) for its fiscal third quarter ended 31 December, reversing a Â¥13.1 billion net profit in the same period a year earlier, citing declining demand, rising yen and volitile fuel prices. "The global economic slowdown and the accelerating appreciation of the yen led to a substantial year-on-year decrease in demand on Europe and US routes" in the first nine months of its fiscal year, JAL said in a statement. … [Read more...] about JAL posts US$428 million 3Q loss
BAWC volumes down 8.4% in Q3
The sharp downturn in the air cargo market from October last year has resulted in British Airways World Cargo' (BAWC) volumes falling 8.4 per cent over the third quarter of 2008, compared to a year earlier. A "marked and growing deterioration in market conditions" began during the third quarter of the financial year ending 31 December 2008, said British Airway's cargo division. ¡°The turndown in market conditions since November has been unprecedented and we have yet to see it level out," said … [Read more...] about BAWC volumes down 8.4% in Q3
FedEx opens Guangzhou hub, closes Subic
FedEx Express began operating out of its new Asia Pacific hub at the Baiyun International Airport in Guangzhou, China on 6 February signalling the end of its Subic Bay hub in the Philippines which the express giant has called home for the last 14 years. … [Read more...] about FedEx opens Guangzhou hub, closes Subic
Korean sees crude prices at US$75/bbl in '09
Korea Air Lines, the world's largest cargo airline, said it expects US crude oil prices to average US$75 a barrel in 2009, down from US$99.75 a barrel in 2008. As a result, the country's two carriers, Korean Air and its smaller rival Asiana Airlines said last week they would abolish fuel charges for Korea-outbound international passenger flights from 1 March to 30 April, but Korean Air said surcharges on cargo will remain at 30 won (US$0.22) per kilometre, the lowest level of fuel charges … [Read more...] about Korean sees crude prices at US$75/bbl in '09
